taxes Property Tax

School and Appraisal Districts Property Value Study 2015 Report

2015 ISD Summary Worksheet

112/Hopkins

112-907/Miller Grove ISD


Category Local Tax Roll Value 2015 WTD Mean Ratio 2015 PTAD Value Estimate 2015 Value Assigned
A. Single-Family Residences 11,541,890 N/A 11,541,890 11,541,890
B. Multi-Family Residences 0 N/A 0 0
C1. Vacant Lots 13,840 N/A 13,840 13,840
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 4,184,580 N/A 4,184,580 4,184,580
D2. Real Prop Farm & Ranch 516,850 N/A 516,850 516,850
E. Real Prop NonQual Acres 40,113,370 N/A 40,113,370 40,113,370
F1. Commercial Real 633,130 N/A 633,130 633,130
F2. Industrial Real 0 N/A 0 0
G. Oil, Gas, Minerals 0 N/A 0 0
J. Utilities 1,829,214 N/A 1,829,214 1,829,214
L1. Commercial Personal 983,730 N/A 983,730 983,730
L2. Industrial Personal 0 N/A 0 0
M. Other Personal 1,315,300 N/A 1,315,300 1,315,300
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 0 N/A 0 0
S. Special Inventory 0 N/A 0 0
Subtotal 61,131,904 61,131,904 61,131,904
Less Total Deductions 13,580,485   13,580,485 13,580,485
Total Taxable Value 47,551,419 47,551,419 47,551,419 T2

The taxable values shown here will not match the values reported by your appraisal district

See the ISD DEDUCTION Report for a breakdown of deduction values

Government code subsections 403.302 (J) AND (K) require the Comptroller to certify alternative measures of school district wealth. These measures are reported for taxable values for maintenance and operation (M&O) tax purposes and for interest and sinking fund (I&S) tax purposes. For districts that have not entered into value limitation agreements, T1 through T4 will be the same as T7 through T10.

Value Taxable For M&O Purposes

T1 T2 T3 T4
50,731,227 47,551,419 50,731,227 47,551,419


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
3,179,808 0


T1 = School district taxable value for M&O purposes before the loss to the additional $10,000 homestead exemption

T2 = School district taxable value for M&O purposes after the loss to the additional $10,000 homestead exemption and the tax
ceiling reduction

T3 = T1 minus 50% of the loss to the local optional percentage homestead exemption

T4 = T2 minus 50% of the loss to the local optional percentage homestead exemption

Value Taxable For I&S Purposes

T7 T8 T9 T10
50,731,227 47,551,419 50,731,227 47,551,419

T7 = School district taxable value for I&S purposes before the loss to the additional $10,000 homestead exemption

T8 = School district taxable value for I&S purposes after the loss to the additional $10,000 homestead exemption and the tax
ceiling reduction

T9 = T7 minus 50% of the loss to the local optional percentage homestead exemption

T10 = T8 minus 50% of the loss to the local optional percentage homestead exemption

The PVS found your local value to be valid, and local value was certified

190/Rains

112-907/Miller Grove ISD


Category Local Tax Roll Value 2015 WTD Mean Ratio 2015 PTAD Value Estimate 2015 Value Assigned
A. Single-Family Residences 327,155 N/A 327,155 327,155
B. Multi-Family Residences 0 N/A 0 0
C1. Vacant Lots 0 N/A 0 0
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 198,543 N/A 198,543 198,543
D2. Real Prop Farm & Ranch 202,623 N/A 202,623 202,623
E. Real Prop NonQual Acres 1,160,458 N/A 1,160,458 1,160,458
F1. Commercial Real 0 N/A 0 0
F2. Industrial Real 0 N/A 0 0
G. Oil, Gas, Minerals 0 N/A 0 0
J. Utilities 158,133 N/A 158,133 158,133
L1. Commercial Personal 0 N/A 0 0
L2. Industrial Personal 0 N/A 0 0
M. Other Personal 29,178 N/A 29,178 29,178
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 0 N/A 0 0
S. Special Inventory 0 N/A 0 0
Subtotal 2,076,090 2,076,090 2,076,090
Less Total Deductions 289,238   289,238 289,238
Total Taxable Value 1,786,852 1,786,852 1,786,852 T2

The taxable values shown here will not match the values reported by your appraisal district

See the ISD DEDUCTION Report for a breakdown of deduction values

Government code subsections 403.302 (J) AND (K) require the Comptroller to certify alternative measures of school district wealth. These measures are reported for taxable values for maintenance and operation (M&O) tax purposes and for interest and sinking fund (I&S) tax purposes. For districts that have not entered into value limitation agreements, T1 through T4 will be the same as T7 through T10.

Value Taxable For M&O Purposes

T1 T2 T3 T4
1,844,408 1,786,852 1,844,408 1,786,852


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
57,556 0


T1 = School district taxable value for M&O purposes before the loss to the additional $10,000 homestead exemption

T2 = School district taxable value for M&O purposes after the loss to the additional $10,000 homestead exemption and the tax
ceiling reduction

T3 = T1 minus 50% of the loss to the local optional percentage homestead exemption

T4 = T2 minus 50% of the loss to the local optional percentage homestead exemption

Value Taxable For I&S Purposes

T7 T8 T9 T10
1,844,408 1,786,852 1,844,408 1,786,852

T7 = School district taxable value for I&S purposes before the loss to the additional $10,000 homestead exemption

T8 = School district taxable value for I&S purposes after the loss to the additional $10,000 homestead exemption and the tax
ceiling reduction

T9 = T7 minus 50% of the loss to the local optional percentage homestead exemption

T10 = T8 minus 50% of the loss to the local optional percentage homestead exemption

The PVS found your local value to be valid, and local value was certified

112-907/Miller Grove ISD



Category Local Tax Roll Value 2015 WTD Mean Ratio 2015 PTAD Value Estimate 2015 Value Assigned
A. Single-Family Residences 11,869,045 N/A 11,869,045 11,869,045
B. Multi-Family Residences 0 N/A 0 0
C1. Vacant Lots 13,840 N/A 13,840 13,840
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 4,383,123 N/A 4,383,123 4,383,123
D2. Real Prop Farm & Ranch 719,473 N/A 719,473 719,473
E. Real Prop NonQual Acres 41,273,828 N/A 41,273,828 41,273,828
F1. Commercial Real 633,130 N/A 633,130 633,130
F2. Industrial Real 0 N/A 0 0
G. Oil, Gas, Minerals 0 N/A 0 0
J. Utilities 1,987,347 N/A 1,987,347 1,987,347
L1. Commercial Personal 983,730 N/A 983,730 983,730
L2. Industrial Personal 0 N/A 0 0
M. Other Personal 1,344,478 N/A 1,344,478 1,344,478
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 0 N/A 0 0
S. Special Inventory 0 N/A 0 0
Subtotal 63,207,994 63,207,994 63,207,994
Less Total Deductions 13,869,723   13,869,723 13,869,723
Total Taxable Value 49,338,271 49,338,271 49,338,271 T2

The taxable values shown here will not match the values reported by your appraisal district

See the ISD DEDUCTION Report for a breakdown of deduction values